Verb Technology Company Inc

Verb Technology Co., Inc. engages in transforming how businesses captivate and engage customers. The firm's Software-as-a-Service (SaaS) platform is based on its proprietary interactive video technology and consists of a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. The firm’s applications are available in both mobile and desktop versions and are offered as a fully integrated suite, as well as on a standalone basis. It includes verbCRM (Customer Relationship Management application), verbLIVE (Interactive Livestream eCommerce and Video Webinar application), verbTEAMS (a Self On-boarding version of verbCRM with built-in verbLIVE and Salesforce synchronization for small businesses and solo entrepreneurs), verbLEARN (Learning Management System application), and verbMAIL (an interactive video mail solution integrated seamlessly into Microsoft Outlook). The company was founded by Rory J. Cutaia on November 27, 2012 and is headquartered in Lehi, UT.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Verb Technology Co., Inc. engages in platform development. The firm's Software-as-a-Service (SaaS) platform is based on its proprietary interactive video technology and consists of a suite of sales enablement business software products offered on a subscription basis. The company was founded by Rory J. Cutaia on November 27, 2012 and is headquartered in Las Vegas, NV.

Verb Technology Company, Inc. (VERB) Q4 2022 Earnings Call Transcript

Greatest Amount of SaaS Revenue Generated In Any Year in the Company's History Greatest Amount of SaaS Revenue Generated In Any Year in the Company's History

VERB Reports Record-Breaking FY 2022 SaaS Revenue

NEWPORT BEACH, Calif. and LEHI, Utah, April 14, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, announces today that VERB CEO Rory J. Cutaia and CFO Salman Khan will host a conference call to discuss the Company's financial results for the fourth quarter and year ended December 31, 2022 on Monday, April 17, 2023, at 6:00 p.m. eastern time (3:00 p.m. pacific time).

VERB to Host Fourth Quarter and Full Year 2022 Earnings Call on Monday, April 17, 2023 at 6:00 p.m. ET

NEWPORT BEACH, Calif. and LEHI, Utah, March 29, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, announces today that a short delay is required to complete the filing of its Form 10-K. The delay is necessary to allow the Company to adequately assess certain subsequent events and complete the audit and finalization of its annual report on Form 10-K.

VERB Earnings Call Postponed

NEWPORT BEACH, Calif. and SALT LAKE CITY, March 17, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc.  (NASDAQ: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales enablement applications, including shoppable livestream, today announced that it will host a conference call to discuss its financial results for the fourth quarter and year ended December 31, 2022 on Friday, March 31, 2023, at 6:00 p.m. Eastern time (3:00 p.m. Pacific time). Financial results will be issued in a press release prior to the call.

VERB to Host Fourth Quarter and Full Year 2022 Earnings Call on Friday, March 31, 2023, at 6:00 p.m. ET

ORANGE COUNTY, Calif. , Feb. 15, 2023 /PRNewswire/ -- On Friday, February 17th, the third season of David Meltzer's late-night entrepreneurial show Office Hours premieres on Apple TV and will be available in more than 100+ countries around the world upon its release.

David Meltzer's Late-Night Entrepreneurial Show, "Office Hours" Returns for Season 3 on Apple TV

NEWPORT BEACH, Calif. and LEHI, Utah, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, announces today that it has recently engaged ShareIntel – Shareholder Intelligence Services, among other forensic professionals, and an investigation into potential illicit trading activity in its shares, and those responsible, is underway.

VERB Begins Implementation of Comprehensive Plan to Combat Illegal Naked Short Selling of Its Shares

NEWPORT BEACH, Calif. and LEHI, Utah, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, announces today that MARKET.live, VERB's 24/7 social shopping and livestream commerce platform, has partnered with the United Inventors Association (UIA) in celebration of National Women Inventors Month, to produce a series of original shoppable programming featuring women inventors and their products.

VERB's MARKET.live Partners with United Inventors Association to Create Original Shoppable Livestream Programming Featuring Women Inventors

NEW YORK, NY / ACCESSWIRE / January 26, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $7.2 Million Underwritten Public Offering for Verb Technology Company, Inc. (NASDAQ:VERB). Verb Technology Company, Inc. Verb Technology Company, Inc., the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers.

Aegis Capital Corp. Acted as Sole Bookrunner on a $7.2 Million Underwritten Public Offering for Verb Technology Company, Inc. (NASDAQ:VERB)

NEWPORT BEACH, Calif. and LEHI, Utah, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, announces today that it has paid off its senior secured convertible debt in full, in cash, and cancelled its equity line of credit (“ELOC”).

VERB Pays Off Senior Secured Debt and Cancels Equity Line of Credit

NEWPORT BEACH, Calif. and LEHI, Utah, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, announced the closing of an underwritten public offering with gross proceeds to the Company expected to be $7.2 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consisted of 36,051,000 shares of common stock, with no warrants (the "Offering") at a price of $0.20 per share. The Company intends to use the net proceeds from the Offering for general corporate purposes and repayment of debt.

Verb Technology Company, Inc. Closes $7.2 Million Underwritten Public Offering of Common Stock

NEWPORT BEACH, Calif. and LEHI, Utah, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be $7.2 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 36,051,000 shares of common stock only, with no warrants (the "Offering") at a price of $0.20 per share. The Company intends to use the net proceeds from this offering for general corporate purposes and repayment of debt. The closing of the Offering is expected to occur on January 26, 2023, subject to customary closing conditions.

Verb Technology Company, Inc. Prices $7.2 Million Underwritten Public Offering of Common Stock

Verb Technology (NASDAQ: VERB ) stock is falling on Tuesday but that's only due to a major rally the shares underwent yesterday. Shares of VERB stock closed out trading on Monday up 69.7%.

Why Is Verb Technology (VERB) Stock Down 30% Today?

Verb Technology (NASDAQ: VERB ) stock is rocketing higher on Monday as the company plans to tackle alleged illegal short-selling of its shares. According to a press release from the company, the Verb Technology Board of Directors is investigating measures it can take against potential illegal short-sellers.

VERB Stock Alert: What to Know as Verb Technology Takes on Naked Short Sellers

Genius Group Ltd

Helbiz

Verb Technology Co. Inc. VERB, +4.67% , a provider of interactive video-based sales apps, has become the latest small-cap company to announce plans to address naked short selling of its stock, among suspected trading violations. The Newport Beach, California and Lehi, Utah-based company said it believes “that certain individuals and/or companies may have engaged in illegal trading activities, including, among other things, naked short selling and spoofing that may have artificially depressed VERB's stock price.

Verb Technology joins Genius Group and Helbiz in going after naked short sellers

The Company Suspects There Has Been Widespread Illegal Trading Activity That Artificially Depressed Its Stock Price The Company Suspects There Has Been Widespread Illegal Trading Activity That Artificially Depressed Its Stock Price

Verb Board to Evaluate Actions to Address Suspected Illegal Trading of Its Shares

‘Meet Me on MARKET with Drew Dorsey' is its First Weekly Shoppable Original Entertainment Series Produced Exclusively For MARKET.live

VERB Announces the Launch of Original Shoppable Live Programming on MARKET.live

Verb Technology Company, Inc. (NASDAQ:VERB ) Q3 2022 Earnings Conference Call November 14, 2022 5:30 PM ET Company Participants Rory Cutaia - Founder, President, Chief Executive Officer & Chairman of the Board Salman Khan - Interim Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Ed Woo - Ascendiant Capital Martin Saltzman - AFM Investments Operator Good afternoon, and welcome to the Third Quarter 2022 Financial Results Conference Call for Verb Technology Company, Inc. At this time, all participants are in a listen-only mode. Pease be advised, the call is being recorded at the company's request.

Verb Technology Company, Inc. (VERB) Q3 2022 Earnings Call Transcript

NEWPORT BEACH, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales enablement applications, including shoppable livestream, today reported financial and operating results for the quarter ending September 30, 2022, and held an earnings conference call at 5:30 p.m. ET to discuss these results. Prepared remarks of the management team during the conference call are provided below.

VERB Publishes Management's Prepared Remarks During Third Quarter 2022 Earnings Call

Comprehensive Earnings Call Preview Highlights:

VERB Files Third Quarter 10-Q

NEWPORT BEACH, Calif. and SALT LAKE CITY, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc.  (NASDAQ: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales enablement applications, including shoppable livestream, today announced that it will host a conference call to discuss its financial results for the third quarter ended September 30, 2022 on Monday, November 14, 2022, at 5:30 p.m. Eastern time (2:30 p.m. Pacific time). Financial results will be issued in a press release prior to the call. The Company's CEO is expected to address the most important questions investors have about the Company.

VERB to Host Third Quarter 2022 Earnings Call on Monday, November 14, 2022, at 5:30 p.m. ET

NEWPORT BEACH, Calif. and LEHI, Utah, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), a leader in interactive video-based sales enablement applications, including shoppable livestream, today announced it has entered into securities purchase agreements with institutional investors for the purchase and sale of 12,500,000 shares of the Company' common stock, par value $0.0001 per share (the “Common Shares”), pursuant to a registered direct offering (the “Offering”), and warrants to purchase up to 12,500,000 Common Shares (the “Warrants”). The combined purchase price for one Common Share and one Warrant will be $0.32. The Warrants will have an exercise price of $0.34 per Common Share, will be exercisable six months following the date of issuance and will expire five years from the initial date of exercise.

Verb Technology Company, Inc. Announces $4.0 Million Registered Direct Offering

NEWPORT BEACH, Calif. and LEHI, Utah, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, invites content creators and influencers to join its livestream social shopping platform, MARKET.live with early access to “Creators on MARKET,” a new program on MARKET.live that allows creators to monetize their content through livestream shopping and personalized storefronts. The program is being marketed to video content creators across multiple social media channels. Click here for an example of some of the messaging.

VERB's MARKET.live Upends the Creator Economy, Allowing Content Creators and Influencers to Promote the Brands and Products They Love While Earning 5-20% of Gross Sales With No Investment

ORANGE COUNTY, Calif. , Oct. 17, 2022 /PRNewswire/ -- On Friday, October 21st, the fourth season of David Meltzer's "pitch only" show 2 Minute Drill premieres on Apple TV in over 100 countries upon its release.

Season Four of David Meltzer's "2 Minute Drill" Premieres on Apple TV

‘Creators on Market' Program Pays Creators and Influencers to Choose From Tens of Thousands of Products From Popular Brands and Retailers Available on Market.live, and Sell Them to Their Fans and Followers Via Livestream Shopping. There is No Need for the Creators to Purchase or Handle Inventory or Shipping ‘Creators on Market' Program Pays Creators and Influencers to Choose From Tens of Thousands of Products From Popular Brands and Retailers Available on Market.live, and Sell Them to Their Fans and Followers Via Livestream Shopping. There is No Need for the Creators to Purchase or Handle Inventory or Shipping

News for Verb Technology Company Inc Stock (VERB)